6420 N Harris Harbor DrOak HarborOH43449
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Oak Harbor at 6420 N Harris Harbor Dr, Oak Harbor, OH, 43449 generates $1,379/mo in rent and, after a $661/mo payment, leaves $299/mo in cash flow. Total monthly income is $1,379/mo, and annual cash flow is $3,585/yr on $44,753 invested. Return on cash invested sits at 27.92% in year one, and rental yield is 12.26% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 148.18% and total cumulative return in cash sums $66,313. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,379/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$576 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43449, Oak Harbor, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,850 (64.6%) |
| Renter Occupied HU | 687 (15.6%) |
| Vacant Housing Units | 878 (19.9%) |
| Median Home Value | $206,961 |
| Average Home Value | $255,768 |
Housing Distribution
Address Breakdown
Residential
3,988
Single Family
3,842
Multi-Family
146
Businesses
218
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Listed by: Debbie Lin Katich • The Danberry Co
Mls Name: NORIS
Mls ID: #6130106
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.